Dmitrijus Borisenka, the CEO of Coingate, has announced a parntership integration that will allow up to 80,000 new merchants throughout the European Union to accept Bitcoin.Some of the key components of the integration are as follows, as referenced here:
– Instant conversion of crypto to Euros. Or keep it all in Bitcoin. – Guaranteed payouts to company bank, or Bitcoin wallet. – Less than 24 hour business verification. No complicated contracts. Straightforward but full-fledged API integration. – CoinGate does not collect customer data or perform KYC on investors. – The vast majority of collected funds are held in Cold Storage. – The CoinGgate invoice system is tamper-proof. Each invoice link and payment address is unique.It's another major win for the entire crypto landscape as the rapid adoption of Bitcoin as a currency is accelerating globally.